Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...
For many salaried employees, Form 16 is the starting point of ITR filing. But before you file your return, have you checked ...
Income-tax compliance calendar for May 2026 (As per ITA 1961 read with the IT Rules, 1962 for FY 25-26). The Income-tax Act, 2025 (ITA 2025) has been notified and made applicable with effect from 1 ...
Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds ...
June 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments ...
A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) ...
It is important to ensure that details on your TDS statements (Form 16 and 16A) and financial statement Form 26AS match before you complete your income-tax returns so as to ensure smooth filing and ...
Income Tax Returns 2025-26: The new tax regime may be more beneficial for those with fewer deductions and a preference for ...
Form 26AS is essentially a tax passbook maintained by the Income Tax department. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax pa ...
Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...
The new Income-tax Act, 2025, set to come into effect from April 1, 2026, will bring a major overhaul to India’s income tax compliance system. One of the biggest changes under the new framework is the ...